Bitcoin / South Korean won may fall to 89355600 - 90087700

Our pivot point stands at 92537800.

Our preference

The downside prevails as long as 92537800 is resistance.

Alternative scenario

Above 92537800, look for 93767900 and 94500200.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 91776869 and 91917210).

Supports and resistances

94500200 **

93767900 *

92537800 **

92054600

91559298 last

90087700

89355600 **

88623600 *

87891500 **

Number of asterisks represents the strength of support and resistance levels.